Business
AGF Offers New Funds on UCITS Platform
Company also opens new London office to support growing roster of U.K. clients TOR...
About this update from Agf Management Limited Class B
[{"type":"text","content":"\n\n\nCompany also opens new London office to support growing roster of U.K.\n clients\n\n\nTORONTO, Dec. 3, 2013 /CNW/ - AGF Investments Inc. (AGFI), today\n announced the launch of a Dublin-based Undertaking for Collective\n Investment in Transferable Securities (UCITS) fund family, supported by\n its first seed investors, as well as the opening of a representative\n office in London, England.\n\n\nOffered through AGF Global Investment Series Fund plc, AGF's two UCITS\n sub-funds, AGF Global Core Equity Fund and AGF Emerging Markets All Cap\n Equity Fund, will be available throughout a range of registered\n jurisdictions, under the authorization of the Central Bank of Ireland.\n\n\nFunding from new European-based investors now totals $65 million for the\n AGF Global Core Equity Fund and $425 million for the AGF Emerging\n Markets All Cap Equity Fund.\n\n\nGenerally, the UCITS market represents approximately EUR €6 trillion.\n AGF's new UCITS platform will allow AGF to market its fund offerings in\n new markets, and will allow AGF to diversify its global client base.\n\n\n\"AGF's new UCITS fund family is a key piece of infrastructure that\n supports our global growth ambitions,\" said Chris Boyle, Senior\n Vice-President, Institutional, AGF Investments Inc. \"These products are\n highly regulated, equally versatile, and will enable us to target the\n largest possible group of global investors.\"\n\n\nAGF is also pleased to announce the opening of a representative office\n in London's financial district. This office allows for an on-the-ground\n presence that will enable AGF to better service its growing U.K. client\n base.\n\n\n\"We are delighted to announce the successful launch of AGF's UCITS fund\n family which marks an important milestone in the expansion of AGF's\n global footprint,\" said Blake C. Goldring, Chairman and Chief Executive\n Officer, AGF Management Limited. \"Our new offerings, coupled with the\n opening of the London office, builds on AGF's long-standing history of\n investing globally.\"\n\n\nABOUT AGF MANAGEMENT LIMITED\n\n\nAGF Management Limited is one of Canada's premier independent investment\n management firms with offices across Canada and subsidiaries around the\n world. AGF's products include a diversified family of award-winning\n mutual funds, mutual fund wrap programs and pooled funds. AG...